The Rorick

Key facts from The Rorick's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Rorick Condominiums

Units / lots

234 Units created initially under this Declaration (Section 2.5(c))

Developer / declarant

Ror Ng Investments, LLC

Governing law

Nebraska Uniform Condominium Act; §§76-825 et seq. (Section 1.1)

Assessments & dues

Not fixed; determined by Executive Board based on annual budget. (Section 8.1, 8.4)

Special assessments

Executive Board can levy additional assessments if budget insufficient; also for acquisition of Unit under right of first refusal. (Section 8.5, Section 5.8)

Collections & liens

Unpaid assessments constitute a lien against the Unit under §76-874 of the Act. Association may take action for failure to pay. Personal liability of owner also. Mortgagee acquiring title is liable for only 6 months' unpaid assessments accr (Section 8.7, 8.9)

Reserves & fees

Association shall establish an adequate reserve fund for maintenance, repair and replacement of Common Elements (including Limited Common Elements) on a periodic basis, funded from assessments. (Section 8.2)

Pets

Yes, with prior written consent of Association. Association shall allow cats and small dogs (≤12 pounds at maturity). No dogs with known vicious tendencies. Pet deposit $250 per pet, veterinarian statement required. Exercise in designated a (Section 5.1(h))

Leasing & rentals

Yes, subject to Executive Board's right of first refusal. (Section 5.2)

Home business

Not expressly prohibited, but must conform to residential use and applicable zoning; no unit may be used for any prohibited purpose. (Section 5.1(a))

Maintenance

Unit Owner responsible for maintaining Unit in good order and repair, including cleaning and replacing window glass. (Section 5.1(j))

Insurance

Hazard insurance may have deductible up to $25,000. (Section 7.1(a) (deductible provision))

Use restrictions

Units (except Declarant's sample/model/sales offices) restricted to residential use; accessory uses incidental and conforming to Omaha zoning allowed. (Section 5.1(a))

Voting & meetings

Based on square footage: Units ≤500 sq ft: 1 vote; 500-800 sq ft: 2 votes; ≥800 sq ft: 3 votes. Combined Units: total square footage. Vote not divisible. (Section 2.2)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.